RasGas Said to Shut Train 7 at Qatar LNG Plant for WorksRobert Tuttle
Ras Laffan Liquefied Natural Gas Co., the world’s second-biggest producer, halted a liquefaction plant for planned maintenance, said two people with direct knowledge of the work.
RasGas’s Train 7 in Qatar shut at the beginning of the month, said the people, who asked not to be identified because they aren’t authorized to comment on the work. The unit would halt for three to four weeks, one person said in January. RasGas doesn’t comment on shutdowns, an official, who asked not to be identified because of company policy, said today by telephone.
Repairs at LNG plants in Qatar, the world’s biggest producer of the fuel, may hamper supplies and boost prices in short-term markets from Asia to Europe. Prices for LNG supplied to northeast Asia rose to $17.50 per million British thermal units on Oct. 28, the highest since Feb. 25, according to assessments by World Gas Intelligence, a New York-based publisher of prices for the fuel.
RasGas, based in Doha, shut its smaller Train 3 in September, two people said at the time. The plant can produce 4.7 million metric tons of LNG a year. The work was completed last month, one of the people said today.
Train 7 can produce 7.8 million tons a year, making it the biggest by capacity along with five other plants in Qatar. Exxon Mobil Corp., a minority shareholder in RasGas, is the buyer of LNG from the plant, according to data from the International Group of LNG Importers.